Cigarette Stocks Have Gotten Burned This Week. Could Things Get Even Worse for Big Tobacco?

Big tobacco stocks have had one of their worst weeks in years, with Marlboro manufacturer Philip Morris International (PMI) down more than 17% (including its single biggest one-day share price decline in a decade Thursday), Altria down more than 10%, and British American Tobacco (whose subsidiaries include Camel cigarettes maker Reynolds American) down 9%.

So why are all these cigarette stocks getting smoked? The bear run kicked off with what, for the industry, was a foreboding sign about...

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Marlboro [+]    Philip Morris International [+]    PMI [+]    Altria [+]    British American Tobacco [+]    Camel [+]    Reynolds American [+]   

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